Indianapolis Cultural Trail announces $30 million expansion
The expansion will add two miles to the trail’s existing eight-mile network. It’s the first expansion since the trail opened in 2013.
Lilly Endowment
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Charitable groups for youths land $55M to boost financial stability
The grants from Indianapolis-based Lilly Endowment Inc. range from $1 million to $7.5 million. They’re intended to help establish endowments, strengthen staffing and recruit volunteers and donors.
To raise cash, Lilly Endowment unloads more Eli Lilly stock
For the Lilly Endowment, a good year means it’s time to cash in.
Lilly Endowment ranks as second-largest private foundation
The endowment’s assets reached $15.1 billion at the end of 2018, pushing it ahead of the Ford Foundation and the J. Paul Getty Trust, which had assets of $13.1 billion and $13.2 billion, respectively.
IBJ Podcast: How an Indy group will use $11.6 million to help black students achieve
Host Mason King talks with the Center for Leadership Development’s president, Dennis Bland, about how a Lilly Endowment grant will expand the group’s programs to help minority students achieve in school and in life.
Lilly Endowment to invest $50M in helping poor residents move up economic ladder
The endowment is soliciting proposals from not-for-profit organizations—and is encouraging those groups to collaborate with each other or with companies and governmental agencies on their efforts.
Youth leadership group lands $11.6M grant from Lilly Endowment
The Indianapolis-based Center for Leadership Development, which promotes personal development and educational attainment for minority youth, said the grant announced Tuesday morning is expected to be “transformational.”
Lilly Endowment’s millions giving groups long-term footing
The Lilly Endowment awarded millions of dollars over the last three years to help several central Indiana human service agencies start endowments of their own.
Lilly Endowment saw huge jump in assets in 2018
The Indianapolis-based foundation’s run-up solidified its position as one of the largest private charitable foundations in the country.
Lilly Library set for renovation after $10.9M grant from Lilly Endowment
The Lilly Library at Indiana University—home to more than 450,000 rare books, 8.5 million manuscripts and 150,000 sheets of music—hasn’t had a significant interior renovation since it opened in 1960.
Not-for-profit CEO who duped board tries to make most of second chance
ProAct, an Indianapolis not-for-profit that focuses on engaging at-risk youth and corporations in public service projects, is trying to rebuild after a challenging year in which the entire board quit over disagreements with CEO Derrin Slack.
East 10th Street pursues status as arts district; some neighbors brace for change
A new, $4.3 million Lilly Endowment grant is poised to spark the transformation of a one-mile stretch of East 10th Street into a hotbed for the arts.
Ten local service organizations land $48M from Lilly Endowment
The grants, which range from $1 million to $10 million, are expected to help the not-for-profits strengthen their long-term financial sustainability plans, the endowment said.
$9.2M Riverside Park amphitheater could be a ‘game-changer’
A towering limestone monument to a long-ago Indianapolis mayor will be transformed into a performance venue at Riverside Park, thanks in part to a Lilly Endowment Inc. grant.
Newfields plans fall festival, more parking, culinary center with $8M Lilly Endowment grant
The improvements are part of a masterplan that aims to bring hundreds of thousands more visitors to the complex, which includes the Indianapolis Museum of Art.
Circle to get $8M boost for patriotic light show as Lilly Endowment doles out $50M in special grants
The endowment said Wednesday it would fund 17 ideas across the city as part of its one-time Strengthening Indianapolis Through Arts and Cultural Innovation program.
Lilly Endowment sees jump in assets after tough 2016
The Lilly Endowment approved 1,062 grants in 2017 for a total of $537.8 million to 788 grantees.
Newspaper: Lilly Endowment administrator, formerly a prostitute, helped pastor defraud foundation
A convicted prostitute who had a 40-year administrative career at Lilly Endowment Inc. secretly worked with a prominent Florida pastor to defraud the Indianapolis-based charitable foundation out of tens of thousands of dollars, the Tampa Bay Times reported last week.
Carmel arts groups shut out as Lilly Endowment funnels millions into Marion County
Mayor Jim Brainard’s vision to turn Carmel into a performing arts hub anchored by a world-class concert hall has come true, but without the support of central Indiana’s most important arts funder.
Lilly Endowment names new vice president for community development
The Indianapolis-based private foundation announced Wednesday that Robert L. Smith will succeed Wallace “Ace” Yakey Jr., who is retiring June 30 after serving in the position since 2012.